SF877 (Legislative Session 94 (2025-2026))

Town roads and bridges bond issuance and appropriation

Related bill: HF200

AI Generated Summary

Senate File No. 877 is a legislative bill proposing to allocate funds for the improvement of town roads and bridges in Minnesota. The bill suggests an appropriation of $35 million from the state's bond proceeds fund, managed by the commissioner of transportation. Specifically, $25 million is designated for town roads and $10 million for town bridges. To finance this appropriation, the bill authorizes the Minnesota commissioner of management and budget to sell and issue state bonds up to the amount of $35 million. The sale and issuance of these bonds must comply with specific sections of Minnesota law and constitutional provisions.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 02, 2025SenateFloorActionIntroduction and first reading
February 02, 2025SenateFloorActionReferred toCapital Investment
March 31, 2025SenateFloorActionAuthor added

Citations

 
[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill specifies the appropriation of funds for town roads and bridges as per the distribution method outlined in section 162.081.",
      "modified": []
    },
    "citation": "162.081"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "Section provides the terms under which state bonds can be sold and issued, as guided by sections 16A.631 to 16A.675.",
      "modified": []
    },
    "citation": "16A.631 to 16A.675"
  }
]